Disliked{quote} Sorry for what might be a silly question. But i hear it often so what is PVSRA abbreviation for? There is nothing in the first page that I can see that will give me an answer. Many thanks.Ignored
- #47,441
- Apr 26, 2013 1:27am Apr 26, 2013 1:27am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #47,442
- Apr 26, 2013 1:37am Apr 26, 2013 1:37am
- | Commercial User | Joined Mar 2008 | 9,080 Posts | Online Now
{quote} UJ Short Trade: Added short trade #12, Scout, as MMs raised price back above 3/4 SR (PVSRA). Adjusted TP1. {image}
U surely have unlimited funds..
M15 starts to show series of green candles..
I want it down too.. EJ..
Sonic
- #47,443
- Edited 2:01am Apr 26, 2013 1:45am | Edited 2:01am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} U surely have unlimited funds..
Oh, come on Master! Anybody can trade this way. If they've been trading lots, then trade mini-lots. If they've been trading mini-lots, then trade micro lots. This lets you subdivide into ten parts instead of one! Sure, some folks might be able to concentrate on only one pair, or maybe only a couple of pairs, but so what? This method is truly the best I have ever seen, bar none! Want to have even more flexibility? If trading lots, then start trading micro-lots. Building positions is far, far more effective than trying to take a single shot at being right.
Look at my trades this month, based on building positions using PVSRA. Some have 4 parts, some 6, some 8, some 12, etc. When you don't shoot all your ammo one time per trade, you gain a valuable opportunity to take advantage of the manipulation of price by the MMs to build positions as they do, and most of the time ending up with a better average entry than the single entry would have been, and experiencing less drawdown, too!
The application of this method of building positions using PVSRA within the Sonic R. System can be scaled down in size to enable practically everyone to use it, and become more profitable than ever before.
-tah
- #47,444
- Apr 26, 2013 1:48am Apr 26, 2013 1:48am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
The USD/JPY is struggling to find a direction after the BOJ's much-anticipated semi-annual outlook report showing inflation and GDP forecasts, says a senior dealer at a major Japanese trust bank. The pair fell to 98.27 from 98.55 before the forecasts but has since recouped those losses, trading at 98.69. The BOJ's forecasts and statement saying it will continue to present easing measures to achieve the 2.0% inflation target were "largely within expectations," the dealer says. The pair's initial decline suggests there were built-up...
Second touch with less volume.
Green bar formed.
This is not SonicR setup but I took LONG.
Everything is possible!!! Step by Step...
- #47,445
- Apr 26, 2013 2:01am Apr 26, 2013 2:01am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #47,446
- Apr 26, 2013 2:03am Apr 26, 2013 2:03am
{quote} U surely have unlimited funds..
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
- #47,447
- Apr 26, 2013 2:15am Apr 26, 2013 2:15am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #47,448
- Apr 26, 2013 2:16am Apr 26, 2013 2:16am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} There is one thing that you need to take into consideration with volumes; on what time of day they occur? The first "touch" is at London session, where volumes are always higher than asian session volumes. {image}
Love it, JRissa! See, you gladden my heart by being thorough, reflective and exacting. All too many come here and don't read, don't retain what they read, and don't understand what they retained. This is all because they don't focus, don't really care, don't like work!
DmitryFX, I am not necessarily talking about you. Understand that. Any of us for whom the shoe fits need to take responsibility that maybe we go off half cocked and make assumptions, and worse, decisions that are wrong.
Keep up the good fight, JRissa.
In the specific case of EJ, an event has occurred and we need to give time to see how the MMs play it. The MMs here might remain bears, but put on bullish PA to get the price back to the upper whole number area for another round of heavy shorting. We need to continue to analyze until the dust settles and the analyses become more clear.
-tah
- #47,449
- Apr 26, 2013 2:17am Apr 26, 2013 2:17am
- | Commercial User | Joined Mar 2008 | 9,080 Posts | Online Now
- #47,450
- Apr 26, 2013 2:24am Apr 26, 2013 2:24am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} news?? which one?? next 45 min CHF??? I do not see much impact.. Sonic
JRissa referred to the YEN (BOJ press conference) news. No, the impact has not yet come. Yes, next is CHF news, and MMs are hiking price on UChf ahead of it. Looks like the MMs are trying to move the price to/above upper half number area. If they do, you can bet they will be shorting.
If this happens, then I speculate UChf starts down, and EU resumes up today.
-tah
- #47,451
- Apr 26, 2013 2:25am Apr 26, 2013 2:25am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #47,452
- Apr 26, 2013 2:28am Apr 26, 2013 2:28am
- | Commercial User | Joined Mar 2008 | 9,080 Posts | Online Now
- #47,453
- Apr 26, 2013 2:32am Apr 26, 2013 2:32am
Looking at AusUsd again. I know TAH has pocketed his but I just cannot help feeling it has more to offer. Just hitting a support and TL and whole number and volume. Just waiting to see.....
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
- #47,454
- Apr 26, 2013 2:34am Apr 26, 2013 2:34am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} BOJ press is already out... The move has cause last 2 hours move in JPY.. Sonic
JPY Monetary Policy Statement was 3 hours ago. JPY BOJ Outlook Report was 1.5 hours ago. These are the ones that had any impact up until 30 minutes ago. JPY BOJ Press Conference started about 30 minutes ago. This is the one JRissa referred to. The market has not yet revealed what its response will be to it, if any, beyond what the market has already done. Sometimes, however, it can come hours later.
Ok?
BTW, look at the wedge on EJ, expanding to right. These mostly break to the downside, another pure price action indication the MMs might be remaining bears.
-tah
- #47,455
- Apr 26, 2013 2:40am Apr 26, 2013 2:40am
- | Commercial User | Joined Mar 2008 | 9,080 Posts | Online Now
{quote} Sonic, JPY Monetary Policy Statement was 3 hours ago. JPY BOJ Outlook Report was 1.5 hours ago. These are the ones that had any impact up until 30 minutes ago. JPY BOJ Press Conference started about 30 minutes ago. This is the one JRissa referred to. The market has not yet revealed what its response will be to it, if any, beyond what the market has already done. Sometimes, however, it can come hours later. Ok?
look like 128.8 to 128.0 drop was to trap for bear and to shake weak long..
Sonic
- #47,456
- Apr 26, 2013 2:44am Apr 26, 2013 2:44am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #47,457
- Apr 26, 2013 2:48am Apr 26, 2013 2:48am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #47,458
- Apr 26, 2013 2:50am Apr 26, 2013 2:50am
- | Commercial User | Joined Mar 2008 | 9,080 Posts | Online Now
- #47,460
- Edited 3:07am Apr 26, 2013 2:55am | Edited 3:07am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts